NSE: INDHOTEL | BSE: 500850 | INDUSTRY : HOTELS | SECTOR : HOTELS, RESTAURANTS & TOURISM

Indian Hotels Company Ltd.

Expensive Performer

95.40 -1.50 (-1.55%)

39.62% Fall from 52W High

Volume: 614.8K

NSEOct 30, 2020 03:31 PM

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Durability score
55/100
Medium Financial Strength
Valuation score
15.3/100
Expensive Valuation
Momentum score
55.7/100
Technically Neutral
5S
11W
3O
6T


Indian Hotels Company Ltd.    
07 Aug 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 91 | Target met
Nirmal Bang Institutional
Strong focus on cost reduction; green shoots of growth visible NBIE Values your patronage- Vote for The full impact of COVID 19 was visible in the results of 1QFY21 of Indian Hotels (IHCL). Revenue The Team in the Asia Money poll 2020. declined by 86% YoY to Rs1,436mn in 1QFY21, primarily driven by lower occupancies, Click Here restrictions on operations of hotel and ARR largely remaining capped. Company reported an EBITDA loss of Rs2,660 mn in 1QFY21. The net loss of Rs2,799mn was partially helped by exceptional gains of Rs861mn and deferred tax credit of Rs694mn. The balance sheet remained strong with net debt to equity of 0.48x as of 1QFY21....
Indian Hotels Company Ltd. is trading above it's 150 day SMA of 85.8
Indian Hotels Company Ltd.    
07 Aug 2020
95.40
-1.55%
buy
by ICICI Securities Limited
Target: 80 | Target met
ICICI Securities Limited
Focus on cost optimisation to reap benefits in long run After achieving ~75% target set in Aspire 2020, the focus now shifts to R.E.S.E.T 2020. Under this, the company is planning to maximise revenue potential through initiatives like online F&B; business (Qmin), zero tough digital transformation and rationalisation of fixed overheads. These initiatives have added | 77 crore to topline. Also, cost optimisation measures like certain temporary concessions (e.g. employee costs in UK, electricity charges in Maharashtra, re-negotiation of lease, deferring renovations, etc)...
Indian Hotels Company Ltd.'s price crossed below SMA30 today
Indian Hotels Company Ltd.    
06 Jul 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 107 | Target met
Nirmal Bang Institutional
Nationwide lockdown was imposed by the Indian government from 25 th March 2020 to 31st May 2020, post which certain economic activities were permitted to commence in a phased manner. Hotels were allowed to begin operations from 8th June 2020. However, there were many difficulties in the smooth operations post 8th June 2020 as well. Certain state governments decided to extend the lockdown and insecurity among people regarding inter-state travel kept domestic tourism subdued during 1QFY21. The emergence of digital meeting platforms restricted corporate travels even post lifting of the lockdown. Restrictions on dining at hotels and restaurants still continue, thereby reducing demand for the F&B; segment of the hospitality companies. Only in-room dining, take aways and delivery orders...
Indian Hotels Company Ltd. is trading above it's 150 day SMA of 85.8
Indian Hotels Company Ltd.    
12 Jun 2020
95.40
-1.55%
buy
by ICICI Securities Limited
Target: 80 | Target met
ICICI Securities Limited
Indian Hotels (IHCL) reported 14.6% drop in revenue to | 1,063 crore (I-direct estimate: | 995 crore) led by 48% drop in income for March 2020. Revenues were flattish at | 4,463 crore in FY20, in contrast to 4% growth on 9MFY20 basis. Consolidated EBITDA margins for Q4FY20 fell 330 bps YoY to 19.6% (I-direct estimate: 20.5%); standalone (pure domestic) business saw a sharper decline of 522 bps. EBITDA for the quarter dropped 27% YoY to | 207.9 crore (I-direct estimate: | 203.7 crore). For FY20, EBITDA increased 16.6% YoY, with higher share of growth coming from international business....
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Indian Hotels Company Ltd.'s price crossed below SMA30 today
Indian Hotels Company Ltd.    
12 Jun 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 107 | Target met
Nirmal Bang Institutional
Indian Hotels (IHCL) results partially reflected the impact of Covid-19. Revenue declined by 15% The Team in the Asia Money poll 2020. YoY to Rs10,630mn in 4QFY20, primarily driven by decline in revenue in March 2020. Revenue for Click Here January and February 2020 grew by 2% YoY. EBITDA margin declined marginally YoY to 19.6%. The net profit of Rs743mn was partially helped by exceptional gains of Rs401mn and deferred tax...
Indian Hotels Company Ltd.'s price crossed below SMA30 today
Indian Hotels Company Ltd.    
27 Apr 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 127 | Upside : 33.1%
Nirmal Bang Institutional
It is well known that the hospitality and tourism industry is the worst affected by the outbreak of COVID-19 (corona virus). This has been reflected in the stock price of hospitality stocks, which have declined by 54% to 77% from their 52 week highs. For the hospitality companies under our coverage, we have conducted an analysis of the Enterprise Value (EV) per owned/ leased room based on the current market price, price as...
Indian Hotels Compan.. has an average target of 146.20 from 5 brokers.
Indian Hotels Company Ltd.    
08 Apr 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 127 | Upside : 33.1%
Nirmal Bang Institutional
We expect a sharp fall in the earnings of hospitality companies because of the outbreak Research Analyst of corona virus. The hospitality sector was already facing weaker than expected growth amit.agarwal@nirmalbang.com because of slowdown in the economy and weak demand from corporate and MICE +91-22-6273 8033 segments. The outbreak of corona virus has affected domestic and international travel, acting as yet another headwind for the hospitality sector, which was on the verge of a cyclical upcycle. Our interactions with the industry experts indicate that the ARR and occupancy for January and February 2020 saw a considerable growth on a YoY basis. However, post the implementation of precautionary measures against corona virus like...
Indian Hotels Company Ltd. is trading above it's 150 day SMA of 85.8
Indian Hotels Company Ltd.    
25 Mar 2020
95.40
-1.55%
buy
by ICICI Securities Limited
Target: 84 | Target met
ICICI Securities Limited
The ongoing coronavirus outbreak has had a severe impact on the hotel bookings in India from Feb-20 onwards with massive forward booking cancellations across cities. This in turn has eroded the ability of hotels across India with heavy loss of business during this peak season time. The extent of this lost business has primarily been seen across all major tourist and business destinations and we expect the situations to remain severely weak with individuals cancelling or deferring their travel plans and thousands of companies adopting the work from home' and no travel' policies. This...
Indian Hotels Company Ltd. is trading above it's 150 day SMA of 85.8
Indian Hotels Company Ltd.    
27 Feb 2020
95.40
-1.55%
buy
by IDBI Capital
Target: 200 | Upside : 109.6%
IDBI Capital
We like IHCL amongst the domestic hospitality space considering its diverse product offerings, improving balance sheet strength and declining losses from international operations. We estimate net sales/EBITDA/PAT growth of 7.3%/23.3%/34.7% over FY19-21E. Maintain BUY with a TP of Rs 200 valuing the stock at 20x EV/EBITDA and per share value in Taj GVK and Oriental Hotels at current market capitalization. Key Highlights and Investment Rationale Strong inventory pipeline to support healthy sales growth IHCL recently reached milestone of 200 hotels with 25,000+ rooms, while 50 new...
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Indian Hotels Company Ltd. has gained 24.06% in the last 3 Months
Indian Hotels Company Ltd.    
25 Feb 2020
95.40
-1.55%
buy
by Nirmal Bang Institutional
Target: 174 | Upside : 82.4%
Nirmal Bang Institutional
a. Following asset light model, total rooms increased by 9.4% to 18,596 rooms as on 31st January 2020. Management contracts increased to 30% of the total operational rooms from 25% in Feb 2018. The company plans to increase the management contracts to 50% of the total operational rooms by FY23. b. Restructuring and expansion of Ginger to help in overall revpar growth. c. The company has also expanded other verticals for revenue generation like launching of new brands such as Niu&Nau;, 7RIVERS, Ama stays & trails etc apart from expanding the in-house brands of restaurants....
Indian Hotels Company Ltd.'s price crossed below SMA30 today